# First Interagency Fraud Disruption Conference Focuses on Combatting Crypto Schemes Commonly Known as “Pig Butchering”

> CFTC release 8932-24 · 2024-07-11 · **Fraud** · ENFORCEMENT

## Key facts

- **Release number:** 8932-24
- **Release date:** 2024-07-11
- **Type:** Fraud
- **Title:** First Interagency Fraud Disruption Conference Focuses on Combatting Crypto Schemes Commonly Known as “Pig Butchering”
- **Primary source:** https://www.cftc.gov/PressRoom/PressReleases/8932-24

## What this is

CFTC enforcement actions cover derivatives + commodities + crypto fraud cases. The Commission charges market participants under the Commodity Exchange Act for spoofing, manipulation, fraud, wash trades, registration violations, and pool-operator misconduct. Most actions settle with restitution + civil money penalty + a bar/suspension.


## Citation

> US Commodity Futures Trading Commission, press release 8932-24, "First Interagency Fraud Disruption Conference Focuses on Combatting Crypto Schemes Commonly Known as “Pig Butchering”", 2024-07-11. Retrieved via AI Analytics 2026-05-19 from https://api.ai-analytics.org/cftc-action/8932-24.

---

*[CFTC actions dataset](/datasets/cftc-actions) · CC0 1.0*